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MICHAEL J. de la MERCED SUNTRUST SALE The Treasury Department said on Wednesday that it would auction off more than 17.9 million warrants that it holds in SunTrust Banks, as the government winds down holdings it gained through the banking bailout.
He supported the banking bailout.
The banking bailout issues remain thorny.
The Bush administration has steadfastly opposed giving automakers a chunk of the $700 billion banking bailout.
We are not suggesting that the banking bailout shouldn't have happened.
Many details of the banking bailout remain to be resolved — including which of Europe's rescue funds will supply the money.
Rajoy is likely to explain that further cutbacks and tax rises are needed, in return for the country's banking bailout.
Next, King moves on to the banking bailout: "The sheer scale of support to the banking sector is breathtaking.
Inflation approached 100percentt and the Mexican government had to put together a $100 billion, taxpayer-financed banking bailout.
It accepted taxpayers' cash as part of the government's banking bailout, but doesn't seem to want to reciprocate.
The two men spent yesterday at Camp David, nailing the details of the banking bailout they are set to unveil today.
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Justyna Jupowicz-Kozak
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